THE Rockhampton region's financial position is sound and will continue to improve over the next 10 years, according to Mayor Margaret Strelow.

"Twelve months ago we budgeted for a surplus of $1 million," she said.

"This budget has a projected surplus of $4.6million.

"That $4.6 million surplus has reduced our need for new borrowing in this budget to only $1.3 million, with a projected decline in debt commencing next year."

Cr Strelow said the council was aiming for a surplus of $7million in next year's budget and no increase in new loans.

"It may not be immediately apparent but the scale of the transformation in the finances for the Rockhampton region over the last three budgets have changed the course of our future," she said.

"Even allowing for the difficulties of de-amalgamation, we have come through stronger and with a dramatically improved bottom line."



Altum shares devastation over fire at GKI resort

Premium Content Altum shares devastation over fire at GKI resort

‘The torching of buildings is a completely avoidable disgrace.’

LETTERS TO THE EDITOR: Taking a closer look at power charges

Premium Content LETTERS TO THE EDITOR: Taking a closer look at power charges

Harry Bruce’s cartoon of the day and readers have their say on current events.

Free sausage sizzle, lucky door prizes at Aldi Rockhampton

Premium Content Free sausage sizzle, lucky door prizes at Aldi Rockhampton

The German supermarket is celebrating one year since it opened in the Beef Capital.